BCN last quater was at 1.13g/t so having grades at 1.09g/t would not make that much difference IMO.
Real question is how much low grade ore is there.
Low case - 50k t = approx 1800 oz = 4.5 million (half the transaction cost).
CM1 also posted this in there last quarter. Chance is there is an additional 64k t at 1g/t as well sitting around.
Once the transaction has been completed on the 22-25th December, I expect we will get an update reserve and LOM.
DYOR
Ann: Beacon to Acquire Geko Tenements, page-42
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